Categories Consumer, Earnings

Earnings Summary: Emerson Electric reports higher Q3 2024 sales and profit

Software company Emerson Electric Co. (NYSE: EMR) on Wednesday reported higher net sales and adjusted earnings for the third quarter of 2024.

  • Third-quarter net sales increased 11% to $4.38 billion from $3.95 billion last year; underlying sales were up 3%
  • Earnings, on a reported basis, decreased 46% from last year to $0.60 per share in the June quarter
  • Q3 adjusted profit was $1.43 per share, up 11% from $1.29 per share reported in the prior-year quarter
  • For the full fiscal year, the company expects net sales to increase by around 15% from last year
  • Full-year profit, including special items, is expected to be in the range of $2.82 per share to $2.87 per share
  • The guidance for fiscal 2024 adjusted earnings per share is $5.45-$5.50

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results

Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or

NVDA Earnings: Nvidia Q3 profit jumps, beats estimates

NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues

Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance

Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top